Kiran spends 45% of his income. If he saves ₹66,000, then his income (in ₹) is:

Correct option is D

Given:

Kiran spends 45% of his income.

Kiran saves ₹66,000.

Formula Used: 

Income = Expenditure + Saving

Solution:

Let the total income be I

Since Kiran saves 55% of his income:

$$\frac{55}{100} \times I = 66,000$$​​

​$$I = \frac{66,000 \times 100}{55} = 1,20,000$$​​

Kiran's income is ₹1,20,000